The third-generation Grand Cherokee, codenamed WK, ran from 2005 to 2010. It was a significant redesign, replacing the previous live front axle with an independent front suspension for improved on-road comfort and handling. Engine options were extensive, ranging from a 3.7L V6 to a 4.7L V8, a 3.0L Mercedes-Benz diesel, and the return of the 5.7L Hemi V8, now with Chrysler's Multi-Displacement System (MDS).
The WK's collectibility is almost entirely driven by the SRT8 model. Introduced in 2006, it featured a 6.1L Hemi V8 producing 420 horsepower and 420 lb-ft of torque. With a 0-60 mph time under 5 seconds, it was one of the quickest SUVs in the world. Beyond the SRT8, diesel-powered models are sought for their torque and efficiency, while well-optioned Overland and Limited models with the 5.7L Hemi offer a great balance of performance and luxury.
Today, the market for the WK Grand Cherokee is broad. The average sale price of around $18,370 is heavily influenced by SRT8 transactions, which make up the top end of the market. Lower-mileage, well-maintained examples of the SRT8 regularly exceed $30,000. On the other end, base V6 and V8 models with high mileage are easily found for under $5,000, making them an accessible entry point to a capable SUV.
Buying Tips
- The SRT8's transfer case is a known weak point, especially on modified or hard-driven examples. Check for any binding during turns or warning lights.
- Hemi 5.7L V8 engines can suffer from lifter and camshaft failure related to the MDS. Listen for a persistent ticking sound from the top end of the engine.
- Electrical issues are common, often traced to a faulty Totally Integrated Power Module (TIPM). Test every electronic function, from windows to the 4WD system.
- Rust is a major concern. Inspect the rocker panels, floor pans, rear quarter panels behind the wheels, and the subframe mounting points carefully.
- The 3.0L diesel engine can have issues with leaking injector seals (known as 'black death') and swirl motor failure. Check for any signs of oil leaks or soot around the engine cover.
Prices range from around $1,100 for project-quality base models to over $33,400 for low-mileage SRT8 examples.
693 Jeep WK Grand Cherokee vehicles have been tracked across auctions and listings on Hypercars, with 83 currently live.
Data sourced from Bring a Trailer, Cars & Bids, eBay Motors, PCarMarket, and Collecting Cars. Updated daily.
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